- Mental Aggression. Mindset to grow
- Enrepreneurs need speed nd scale
- Make peace with yourself. Envy waste of energy
- Persistence matters
- Ask. Willing to ask. Various ppl
- Network. Power of associations, alumni networks, good university education (not the degrees but the networks/contacts)
- Independent thinker. Don't shy away from not doing the social consensus. Do be extraordinary, one needs to do things what ordinarily is not done
- Take an idea you like and obsessively follow it to see benefits from it
- Make part of your life the various ideas you think can make a change and scale it up in your implementation
- Power comes from truth, caring, genuinely helpin others etc. It automatically attracts ppl to you
- Satsangati. Surround yourself with people better than you and you can't but improve yourself
- FOMO: Be aware of Fear of Missing Out. Don't fall a prey to it
- Bet size needs to be big, when you convinced.
- Patience: Investing is a game of extreme patience. It is like waiting patiently all the time, sprinkled with sudden bursts of activity when you find something attractive
- Unemotional. Rather develop equanimity
- Mental strength is needed to handle adversity and decisiveness
Recently, I attended FLAME Investment Lab, Alumni Meet which was held at Pune. Some learnings from the gurus over there are as below. These thoughts pertain to both life and markets. Some of these thoughts, I'm yet to interpret properly. So, pardon me, if some of the point below are not clear. I haven't taken the names of the gurus or fellow participants who mentioned these, as wasn't sure if they wanted to be named in public domain. 1. Profile Visibility precedes death. Better to stay low profile . 2. Mindset 99% people focus on expenses. (How to save on costs) Only 1% people focus on income generation and wealth generation. 3. Most important to have an open mind. Mind is like a parachute, best works when it is open. When conversing with managements of companies, have an open mind . 4. Fire in the belly An investment guru's words: "We used to sleep on floor. We didn't have the fear of falling ". 5. On Reading Not just important to read. It is equall...
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